China-Cambodia Cross-border Capital Services Platform and Its First Roadshow EventDebuted in Phnom Penh

On 24​​​​​​​​​​​​​​​ April 2017, the launching ceremony of China-Cambodia Cross-border Capital Services Platform and its first roadshow event were held in Phnom Penh, Cambodia. Mr. Yim Chhay Ly, Deputy Prime Minister of the Kingdom of Cambodia, Mr. Xiong Bo,Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Kingdom of Cambodia, Mr. Wu Lijun, Chairman of the Shenzhen Stock Exchange (hereinafter referred as SZSE), Mr. PungKheav Se, Chairman of the Canadia Bank PLC and Chairman of the Association of Banks in Cambodia, Mr. SouSocheat, Director General of Securities and Exchange Commission of Cambodia, and Mr. Chen Changjiang, CEO of Bank of China Phnom Penh Branchattended the event. The event was broadcastedlive in the Shenzhen sub-venue through video connection.

To facilitate the match-making of cross-border investment and financing projects and promote cross-border capital formation, the China-Cambodia Cross-border Capital Services Platform (hereinafter referred as the Platform) was jointly established by SZSE’s wholly owned subsidiary Shenzhen Securities Information Co. Ltd. and Bank of China Phnom Penh Branch.​ A​Cross-border Financial Services Cooperation Agreementwas signed between both parties. According to the agreement, both sides will make efforts toconnect the Chinese capital and Cambodian projects and diversify cross-border financial service models through information display, roadshow events, interactive communication and PR training. The first road show hosted 4Cambodian companies from traditional industries and innovative sectors, coveringinfrastructureconstruction, industrial park development,culture and tourism, and Internet new media. Around 100 Cambodian enterprises and business representativesattended the roadshow at Phnom Penh main venue, while 30 professional investment institutions conducted interactiveexchangeswith the main venue at Shenzhen sub-venue through video connection.Besides, a featured display section was set up on the platform’s websitetargeting nearly 4,000 investment institutions. Great enthusiasm from Chinese investment professionals to the Cambodian companies well embodied the enormous demand for the bilateral capital link.

China-Cambodia Cross-border Capital Services Platform is based on “Science & Technology SMEs Growth Roadmap Plan 2.0” (hereinafter as “Tech 2.0 Platform”), co-sponsored with the Torch High Technology Industry Development Centre, Ministry of Science and Technology of China and operated by Shenzhen Securities Information Co., Ltd. Through video broadcasting systems on computers and mobile phone, the “Tech 2.0 Platform” organizes face-to-face road shows and provides live webcast solutions to match innovative projects with prospective investors beyond boundaries of time and location. The “Tech 2.0 Platform” has gathered around 4000 certified professional investment institutions and over 2000 quality tech projects nationwide with road shows performed on a daily basis. With economic, efficient, and transparent investment information sharing features, the platform helps to form an investment and financing eco-system of the private innovative tech companies. Based on the “Tech 2.0 Platform”, SZSE is working with domestic and overseas financial institutions to connect cross-border innovative resources via online road shows and face-to-face meetings.

On 29 March, 2017, SZSE and Bank of China signed a strategic cooperation agreement to jointly promote cross-border capital service under the Belt and Road Initiative. Looking ahead, the China-Cambodia Cross-border Capital Services Platform, giving full play to its non-profit and openness characteristic, will attract more Chinese and Cambodian institutions to jointly promote information sharing and build up cooperation network. Efforts will be made to expand penetration and influence of the Platform and promote capital connection on a broader aspect. The Platform, drawing on the SZSE’s experience on market building, will improve compliance and standardization of the operation mechanism, enhance technical capability and strengthen risk prevention to build a credible and authoritative cross-border capital service platform. The Platform and the existing Cambodian capital market system, complementing each other, will reach mutual and collaborative development.

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